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DOMAINS TOKEN-G

Ronald Maguire

21 May 2022 164 Read Crypto , Bitcoin

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New MicroStrategy CFO to Continue Bitcoin HODL

Andrew Kang, MicroStrategy's new Chief Financial Officer, will not sell BTC on behalf of MicroStrategy. Bitcoin is currently priced below the company's average purchase price, but the company continues to believe in Bitcoin. “There is no scenario where we would need to sell bitcoin,” said Andrew Kang.

Shareholders Trust Bitcoin, Too

The company's shareholders are also very much in line with the company's Bitcoin strategy. MicroStrategy, which last bought BTC on April 5, currently has at least 129,218 BTC. Kang declined to comment on whether they bought Bitcoin after that date.

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